Paul Lootens: what changed
What changed
Paul Lootens
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
€171,420
2024 · €42,620+€128,800
Equity
€1.0m
2024 · €833,075+€171,420
Cash
€8,046
2024 · €4,505+€3,541
Balance sheet total
€1.1m
2024 · €1.1m-€40,450
Largest movements
Assets
- Deferred charges and accrued income -€60,882
down €60,882 (-74.5%), from €81,688 to €20,806
- Receivables within one year +€23,904
up €23,904 (+16.3%), from €146,566 to €170,471
of which Trade receivables: +€12,524
Equity and liabilities
- Trade debts -€211,486
down €211,486 (-79.6%), from €265,601 to €54,115
- Profit (loss) carried forward +€158,521
up €158,521, from -€158,521 to €0
- Reserves +€12,899
up €12,899 (+14.0%), from €92,126 to €105,025
of which Distributable reserves: +€12,899
Income statement
- Gross operating margin +€119,846
up €119,846 (+124%), from €96,999 to €216,845
- Staff costs -€60,870
down €60,870 (-52.7%), from €115,454 to €54,584
- Financial income -€60,849
down €60,849 (-74.5%), from €81,654 to €20,806
- Depreciation -€7,277
down €7,277 (-43.5%), from €16,733 to €9,456
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€42,620
Gross operating margin
+€119,846
Staff costs
+€60,870
Depreciation
+€7,277
Other operating charges
+€1,212
Other operating items
+€250
Financial income
-€60,849
Financial charges
+€194
Result 2025
€171,420
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€14,567
Investment
-€2,443
Financing
-€8,583
Cash 2024
€4,505
From operations (derived)
+€14,567
Net result for the year
+€171,420
Depreciation
+€9,456
Receivables within one year
-€23,904
Deferred charges and accrued income
+€60,882
Trade debts
-€211,486
Tax, wage and social debts
+€4,313
Other debts
+€3,925
Accrued charges and deferred income
-€39
Investment (derived)
-€2,443
Investment in fixed assets (net)
-€2,443
Financing
-€8,583
Current portion of long-term debt
-€8,583
Cash 2025
€8,046
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,134,657 | €1,094,207 | -€40,450 | -3.6% |
| Fixed assets | 21/28 | €9,455 | €2,442 | -€7,013 | -74.2% |
| Tangible fixed assets | 22/27 | €8,779 | €1,911 | -€6,868 | -78.2% |
| Furniture and vehicles | 24 | - | €1,911 | +€1,911 | |
| Leasing and similar rights | 25 | €8,779 | €0 | -€8,779 | -100% |
| Financial fixed assets | 28 | €676 | €531 | -€145 | -21.4% |
| Current assets | 29/58 | €1,125,202 | €1,091,765 | -€33,437 | -3.0% |
| Amounts receivable after more than one year | 29 | €892,443 | €892,443 | = | 0.0% |
| Other amounts receivable | 291 | €892,443 | €892,443 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €146,566 | €170,471 | +€23,904 | +16.3% |
| Trade receivables | 40 | €4,416 | €16,940 | +€12,524 | +284% |
| Other amounts receivable | 41 | €142,150 | €153,531 | +€11,381 | +8.0% |
| Cash at bank and in hand | 54/58 | €4,505 | €8,046 | +€3,541 | +78.6% |
| Deferred charges and accrued income | 490/1 | €81,688 | €20,806 | -€60,882 | -74.5% |
| Total equity and liabilities | 10/49 | €1,134,657 | €1,094,207 | -€40,450 | -3.6% |
| Equity | 10/15 | €833,075 | €1,004,495 | +€171,420 | +20.6% |
| Contributions | 10/11 | €899,470 | €899,470 | = | 0.0% |
| Reserves | 13 | €92,126 | €105,025 | +€12,899 | +14.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €35,876 | €48,775 | +€12,899 | +36.0% |
| Profit (loss) carried forward | 14 | -€158,521 | €0 | +€158,521 | |
| Amounts payable | 17/49 | €301,583 | €89,712 | -€211,871 | -70.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €301,544 | €89,712 | -€211,832 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €8,583 | €0 | -€8,583 | -100% |
| Trade debts | 44 | €265,601 | €54,115 | -€211,486 | -79.6% |
| Suppliers | 440/4 | €265,601 | €54,115 | -€211,486 | -79.6% |
| Taxes, remuneration and social security | 45 | €14,981 | €19,293 | +€4,313 | +28.8% |
| Taxes | 450/3 | €5,688 | €9,202 | +€3,514 | +61.8% |
| Remuneration and social security | 454/9 | €9,293 | €10,091 | +€798 | +8.6% |
| Other amounts payable | 47/48 | €12,379 | €16,304 | +€3,925 | +31.7% |
| Accrued charges and deferred income | 492/3 | €39 | €0 | -€39 | -100% |
| Non-recurring operating income | 76A | €3,967 | €0 | -€3,967 | -100% |
| Remuneration, social security and pensions | 62 | €115,454 | €54,584 | -€60,870 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,733 | €9,456 | -€7,277 | -43.5% |
| Other operating charges | 640/8 | €2,879 | €1,667 | -€1,212 | -42.1% |
| Non-recurring operating charges | 66A | €250 | €0 | -€250 | -100% |
| Gross operating margin | 9900 | €96,999 | €216,845 | +€119,846 | +124% |
| Operating profit (loss) | 9901 | -€38,317 | €151,138 | +€189,455 | |
| Financial income | 75/76B | €81,654 | €20,806 | -€60,849 | -74.5% |
| Recurring financial income | 75 | €81,654 | €20,806 | -€60,849 | -74.5% |
| Financial charges | 65/66B | €717 | €523 | -€194 | -27.0% |
| Recurring financial charges | 65 | €717 | €513 | -€204 | -28.4% |
| Non-recurring financial charges | 66B | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €42,620 | €171,420 | +€128,800 | +302% |
| Profit (loss) for the period | 9904 | €42,620 | €171,420 | +€128,800 | +302% |
| Profit (loss) for the period to be appropriated | 9905 | €42,620 | €171,420 | +€128,800 | +302% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.